Energizer Holdings Inc (ENR)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 375,400 | 338,500 | 449,100 | 453,200 | 490,900 | -11,200 | 8,800 | -11,800 | -700 | 463,900 | 450,600 | 481,100 | 506,400 | 706,900 | 696,300 | 665,200 | 623,900 | 621,800 | 590,600 | 429,900 |
| Total assets | US$ in thousands | 4,342,400 | 4,241,400 | 4,286,900 | 4,423,900 | 4,509,600 | 4,505,100 | 4,436,000 | 4,577,900 | 4,572,100 | 5,182,600 | 5,159,900 | 5,109,900 | 5,007,500 | 4,977,400 | 4,937,600 | 4,929,100 | 5,728,300 | 5,126,500 | 4,752,500 | 5,566,800 |
| Operating ROA | 8.64% | 7.98% | 10.48% | 10.24% | 10.89% | -0.25% | 0.20% | -0.26% | -0.02% | 8.95% | 8.73% | 9.42% | 10.11% | 14.20% | 14.10% | 13.50% | 10.89% | 12.13% | 12.43% | 7.72% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $375,400K ÷ $4,342,400K
= 8.64%
In analyzing Energizer Holdings Inc's operating return on assets (operating ROA) over the past few quarters, we observe some fluctuations in performance. The operating ROA measures the company's ability to generate profits from its assets used in operations.
The operating ROA for Sep 30, 2024, stood at 8.64%, showing a slight increase from the previous quarter's 7.98%. This indicates that the company improved its efficiency in generating operating income relative to its assets.
Looking back to Jun 30, 2023, the operating ROA was significantly negative at -0.25%. However, the company managed to turn this around in the subsequent quarters, showing positive results. The highest operating ROA of 14.20% was recorded on Mar 31, 2021, suggesting that the company was very effective at utilizing its assets to drive operating profits during that period.
Overall, the recent trend in operating ROA indicates a reasonable level of efficiency in utilizing assets to generate operating income, with some variability in performance over the quarters. It would be important for investors and stakeholders to continue monitoring this ratio to assess the company's operational effectiveness and financial performance.
Peer comparison
Sep 30, 2024